Keir Starmer’s premiership hangs in the balance. A leadership contest is almost certainly on the cards, with Labour Party members set to decide who will be Britain’s next prime minister.
The post The Dictatorship of Capital: Bond Markets Twist the Screws on Britain’s Political Leaders appeared first on Revolutionary Communists of America.
Doctors unable to locate medication to prevent an impending stroke. Facilities re-using dirty endoscopes during surgeries. What do all these horror stories have in common? They all happened in hospitals owned by private equity firms.
The post Horror In the Hospital: Private Equity Profits When Patients Die appeared first on Revolutionary Communists of America.
The US-Israeli war on Iran is a turning point, not just in the balance of forces between the powers, but also in the world economy. It is bringing to the fore all the contradictions that have been accumulating over the past period: inflation, debt, and the looming recession.
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When Al emerged some years ago, commentators said that Al and robots were going to take over the world, that we were all going to be unemployed, and so on. But at the time, this was more conjecture than anything. Without investment, AI as we know it would never have become a reality.
The post AI Investment Prepares New Attacks on the Working Class appeared first on Revolutionary Communists of…
For nearly two decades, American presidents spoke of the need to “pivot to Asia” and confront their main rival—China. None, least of all Trump, figured it’d be the rest of the world that pivots to China ... and away from the US.
The post As the US Loses in Iran, China Is Coming out on Top appeared first on Revolutionary Communists of America.
“When you see one cockroach, there are probably more…” So said Jaimie Dimon, CEO of JPMorgan Chase, after last year’s sudden, multi-billion dollar collapse of Tricolor and First Brands shined a spotlight on the murky world of private credit. Dimon summed up the panic spreading throughout the whole Epstein class: that these bankruptcies indicate a […]
The post Should Workers Care About the…
While most workers are concerned about food, housing, and healthcare costs, the Epstein class is wealthier than ever. Last year, almost a third of US wealth accumulated to the top 1%.
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As the world’s elite met in the Swiss Alps of Davos for their economic forum charade, the latest Oxfam report on wealth inequality revealed capitalism’s true face.
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In 2006, hundreds of thousands of US immigrants staged a one-day nationwide strike and boycott of schools and businesses. (Jim Watson and Saul McSween / AFP via Getty…